Category Archives: Economics on the left

Government regulation in less than a thousand words

Posted in Economics and economy, Economics on the left | 9 Comments

We Need the Government to Do What?!

When TMR is not busy being a private lawyer, relishing sledge on a basketball court or tending to his fruit trees, he can be found cooking up culinary delights – such as his ridiculously tasty chicken and prawn curry laksa … Continue reading

Posted in Economics on the left | Tagged , , , , | 33 Comments

Ideas at the Centre for Independent Studies

Three papers. Labor MP Andrew Leigh’s study on data around effective company tax rates and employment shows incomplete analysis that mistakes correlation for causation. Jennifer Buckingham on the flight from mathematics. Jeremy Sammut on the need for universities to have … Continue reading

Posted in Economics on the left, Education, Rafe | Comments Off on Ideas at the Centre for Independent Studies

Dodginess on tax regressions

The Guardian is reporting that Andrew Leigh has a new paper looking at whether firms that pay more tax employ more workers. In a paper published in the Economic Analysis and Policy journal, Labor’s shadow assistant treasurer finds that companies … Continue reading

Posted in Economics on the left, Taxation | 38 Comments

Is socialism obsolete?

Wandering through the city’s bookshops yesterday I came across this: Is Capitalism Obsolete? with the subtitle, “A Journey through Alternative Economic Systems”. I live in hope that there will be at least one volume somewhere that has no for an … Continue reading

Posted in Economics and economy, Economics on the left | 31 Comments

TMR’s Christmas Message to Millennials

Merry Christmas Millennials! Because I’m such a nice privileged white male, I’ve decided to give you some free advice. You may detect a common theme. If you want to regularly buy smashed avocado on toast for $15 (or more!) – … Continue reading

Posted in Economics on the left | Tagged , , | 82 Comments

Here, Have Some More Idiot Economics

This is The West’s useful idiot of an economics editor Shane Wright, wondering the other day where WA’s economic growth was going to come from. If you would like to play along at home, try to strain your brain for … Continue reading

Posted in Economics and economy, Economics on the left | Tagged , , , | 31 Comments

Donald Trump and economic policy

Just received this very nice note so thought I would say something about the question asked. Here is the note: I enjoy reading your contributions to Catallaxy on a regular basis. I can’t say I know a lot about economics, … Continue reading

Posted in American politics, Economics and economy, Economics on the left | 20 Comments

NZ the next Venezuela

The stupidity of some people plumbs depths that are always hard to fathom. Is it really all that hard to learn from history? Jacinda Ardern: ‘Capitalism has failed New Zealanders’. Listen to this bewildering idiocy and marvel how someone can … Continue reading

Posted in Economics on the left, Politics of the Left, Socialism | 95 Comments

An excess supply of economic illiteracy

Economic illiteracy is a common fault among our political classes. Two stories off the front page of The Australian this morning. First this: NBN chief Bill Morrow asks who will by the $49bn debt. As if you have to ask: … Continue reading

Posted in Economics on the left, Uncategorized | 16 Comments